newstodate.aero
Jun 07, 2016 (newstodate): Chinese capital has again crept into Europe's aviation business, this time targeting Frankfurt Hahn Airport.
After weeks of speculations, a leading Chinese construction company Shanghai Yigian Trading Company has been announced as buyer of 82.5 percent of the shares in Frankfurt Hahn Airport from the regional government, with plans to take remaining shares as well.
The coming new owner will reportedly set up dedicated cargo flights to bring German commodities including perishables to the Chinese market as well as Chinese e-commerce shipments into Europe.
After weeks of speculations, a leading Chinese construction company Shanghai Yigian Trading Company has been announced as buyer of 82.5 percent of the shares in Frankfurt Hahn Airport from the regional government, with plans to take remaining shares as well.
The coming new owner will reportedly set up dedicated cargo flights to bring German commodities including perishables to the Chinese market as well as Chinese e-commerce shipments into Europe.